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MercadoLibre, Inc. (MELI)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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1,582.14+1.61 (+0.10%)
At close: 04:00PM EDT
1,581.70 -0.44 (-0.03%)
After hours: 07:58PM EDT

MercadoLibre, Inc.

WTC Free Zone
Dr. Luis Bonavita 1294, Of. 1733 Tower II
Montevideo 11300
Uruguay
598 2 927 2770
https://www.mercadolibre.com

Sector(s)Consumer Cyclical
IndustryInternet Retail
Full-time employees58,313

Key executives

NameTitlePayExercisedYear born
Mr. Marcos Eduardo GalperínCo-Founder, Chairman, CEO & President9.59MN/A1971
Mr. Martin de los SantosEVP & CFO2.85MN/A1970
Mr. Daniel RabinovichExecutive VP & COO3.43MN/A1978
Mr. Osvaldo GimenezFintech President3.53MN/A1971
Mr. Juan Martin De La SernaExecutive VP of Corporate Affairs & President of Argentina2.86MN/A1968
Mr. Marcelo MelamudChief Accounting Officer & Senior VP191kN/A1971
Mr. Richard M. CathcartHead of Investor RelationsN/AN/AN/A
Mr. Jacobo Cohen ImachSenior VP, General Counsel & SecretaryN/AN/AN/A
Mr. Ariel SzarfsztejnCommerce PresidentN/AN/A1983
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

Corporate governance

MercadoLibre, Inc.’s ISS governance QualityScore as of 1 June 2024 is 5. The pillar scores are Audit: 3; Board: 5; Shareholder rights: 7; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.